Why would companies invest their idle cash in cash equivalents?

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Financial And Managerial Accounting

ISBN: 9781260728774

9th Edition

Authors: John J. Wild

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Question Posted: Jan 16, 2024 04:00 AM

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Why would companies invest their idle cash in cash equivalents?

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Companies often invest their idle cash in cash equivalents for several reasons 1 Liquidity Cash equi...View the full answer

Financial And Managerial Accounting

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